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Intraday calls for 30-10-15

Posted on: October 30th, 2015 at 8:24 am

Markets likely to open flat. Support for Nifty is at 8080 and resistance at 8220. Bank Nifty has support at 17000 and resistance at 17500.

No pre-market call for today.

10.39am – Buy Bata India at 503, target: 511. Stoploss: 499 – (Continue to hold Bata for BTST.)

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215 Responses

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  1. jeevan Says:
    October 30th, 2015
    Posted at: 11:40 pm

    Sir I learnt candlesticks which software to download for intraday trading!!!!


  2. Rashid Says:
    October 31st, 2015
    Posted at: 5:17 am

    Holding tata global beverage at 135. Should i exit , prospect in short term


  3. Sathiya Says:
    October 31st, 2015
    Posted at: 7:54 am

    Hello CB sir.. Good morning!! Shall I enter nila infra and lotus eye at cmp for long term?
    And wat will be its long term target???
    I hold givo and lpdc as well .. Ur suggestions plzz


  4. CB Says:
    October 31st, 2015
    Posted at: 9:00 am

    Hi lokesh, drreddy can test 4350 in coming days. zee if holds onto 404 levels, can bounce back from here

    Hi shormi, can test 485 again. has support at 460 levels.

    Hi Geeth, hope PV Chandra's reply helped

    Hi RAJA, not yet. has resistance at 95-96 levels.

    Hi affaque, it has support at 878 levels. below this can fall further. avoid long for now

    Hi kishor, nice call

    Hi Ravi, it does look strong. seems can test 435. not sure how its results would shape up

    Hi Sathiya, Good morning. can add some of nila infra for now. lotus is a buy above 15. lpdc is a hold for med/ long term. these can double in long term

    Hi Rashid, its a hold can test 140

    Hi jeevan, can go with chartink.com

    Hi Palani, it has strong support at 495-500 levels. if holds onto it, can see some short covering

    Hi Prathmesh, its a hold for med term. don't add more of it yet

    Hi manjinder singh, Good morning

    Hi rajasekar, hold nifty ce with sl near 8040 for now. bank nifty is a hold with sl near 17200

    Hi aslamP, its in an uptrend. may consolidate for few days before moving higher. its a hold for now.

    Hi TAPAN, ok. can look to add few more if dips by another 8-10%. fundamentally is a good long term bet. can test 250

    Hi Jay Praksh, Good morning

    Hi chezhi, Good morning. yes, if possible hold with a sl near 146 else can hedge with a 145pe for now. is going a bit weak.

    Hi PV Chandra, thanks for sharing the same

    Hi Prashant, it does have strong support at 685 levels. can expect a bounce back from here. hold for now.

    Hi NITHIN, its a hold. above 25 can test 28 levels. sl near 23

    Hi AJAXX, it does look strong. can test 405


  5. TAPAN Says:
    October 31st, 2015
    Posted at: 9:05 am

    CB SIR, COMING WEEK END RURAL ELECTRIFICATION CORPORATION TARGET PRICE PLEASE


  6. CB Says:
    October 31st, 2015
    Posted at: 9:15 am

    Hi TAPAN, its going a bit weak. if breaks 246 can fall further.


  7. CB Says:
    October 31st, 2015
    Posted at: 10:50 am

    ill be back by 3pm


  8. mrp Says:
    October 31st, 2015
    Posted at: 10:50 am

    Hi CB, spice jet monday / next week trgt pls? Also for ABAN short term trgt. Tq


  9. Sona Says:
    October 31st, 2015
    Posted at: 10:55 am

    Hi CB, what s your view on BHARAT FORGE as it has recovered from 810 level to 860. will it go up from here or still in downtrend.


  10. kishor Says:
    October 31st, 2015
    Posted at: 12:02 pm

    Hi CB, Thanks CB ,Your r welcome


  11. TAPAN Says:
    October 31st, 2015
    Posted at: 1:15 pm

    CB Sir, AMBUJA CEMENT I HAVE HOLDING @241 LAST OVER 3 MONTHS ANOTHER HOW MANY DAYS HOLDING FOR TARGET PRICE PLEASE


  12. V gupta Says:
    October 31st, 2015
    Posted at: 1:37 pm

    Sir
    I bought symphony at 1850.Shall i exit or hold


  13. sathiya Says:
    October 31st, 2015
    Posted at: 3:03 pm

    thank u sir...


  14. kumna4 Says:
    October 31st, 2015
    Posted at: 4:25 pm

    Hi CB Sir, I really appreciate and admire the way you handle the queries. God bless you for the confidence you instill in your followers. I see some desperate and frantic queries when some traders are stuck up with huge positions in the wrong direction. May be the following suggestion may help them. Long time back I read something known as two page notes method for traders. It is like this:

    For day traders: Write down two page notes reviewing the day's trades and the observations about success and failures before you go to bed. Just routine and unbiased review without any self criticism and self pity. This will keep your logic and capital intact. Do not enter into any trade unless you have a two page note in the scrip/s you are interested relating the price behavior in the past 180 trading days to its likely behavior for the next day and update this every day.

    For investors with borrowed funds:
    Adopt the two page notes method reviewing your portfolio as frequently as needed by your goals on return expected and the cost of funds involved.

    For long term investors: Relax and watch the street fights everyday. Go for the kill when your goals are met or when you need funds. After all the prices of scrips like SBI and Reliance never become zero or Rs. 10000 overnight.

    Hope this helps.

    regards.


  15. CB Says:
    October 31st, 2015
    Posted at: 6:20 pm

    Hi kumna4, thank you for your kind comments. thanks for sharing your views.

    Hi sathiya, most welcome

    Hi V gupta, its a hold. can test 2150 in coming days

    Hi TAPAN, its a hold for sme more time. above resistance of 214 can move higher.

    Hi Deepak, yes, have not given since quite some time due to market volatility

    Hi Sona, yes, still is in a downtrend. avoid for now

    Hi mrp, spicejet can test 50. aban is going weak. best to avoid it for now


  16. Rajasekar Says:
    October 31st, 2015
    Posted at: 7:41 pm

    Hi CB, sir, as u advised to enter Nifty CE

    I m holding of this how market on next week Nifty & BN Support&Resistance

    Nifty 8300ce@ 54
    BN 18000ce @ 180

    can i hold till next week can go up

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